Spain: VAT on Residential Property under Construction

With real estate activity in Spain resurging slowly but surely, and as we are starting to overcome the pandemic, it is becoming exceedingly popular to invest in buildings or “fincas” with an eye to restoring and/or renovating them for subsequent sale. This Spanish variant of “house flipping” is also increasingly in demand by foreign investors, especially in coastal areas.

This entry was posted on 28 February 2022 by Gustavo Yanes in Tax.

Spain: New Labour Penalties Applicable as of 1 October 2021 & Other Updates in Labour Regulations

The approval of Law 10/2021, of 9 July, on remote working (BOE 11 July 2021), modified the First Final Provision, Article 40 of Royal Legislative-Decree 5/2000 of 4 August, which approves the consolidated text of the Law on Infractions and Penalties in Labour Matters (Ley sobre Infracciones y Sanciones en el Orden Social or “LISOS”) in such a way that the amounts of the penalties indicated below shall increase as of 1 October 2021 as follows:

This entry was posted on 30 July 2021 by Monika Bertram in Labour.